skysight-inc/HackerNews huggingface dataset:
>Market makers are making tonnes of money on this. It's the low-information non-directional trading their models are built for. (Source: former options market maker. My former colleagues are making annual targets in a week.)

Aren't these market makers sitting on a ton of stock to cover call positions?

They may have picked up a lot of pennies these last two weeks, but the bulldozer is getting bigger and faster. This is a truly unprecedented situation and I doubt they have confidence that their models can handle it.
Going unremarked in this nostalgia is that those old forums were still moderated, sometimes heavily, and the #1 tool was the ban hammer. It was not a free speech love-in. Hell, Something Awful would automatically replace your post with "yams" if you merely hit a trigger word, if you weren't ejected outright.
Yes but

a) most of the platforms are doing the same

b) it's hard to imagine that with half of RH currently holding GME they're not going to come out of this having gained more in users than they lose over trust issues
Fortunately people are putting up some of that early work: http://www.softwarepreservation.org/projects
It reminds me of Reminisces of a Stock Operator (1923)
https://en.wikipedia.org/wiki/Reminiscences_of_a_Stock_Opera...
Wall Street does not exist so that an individual can invest $100 and make a profit. It exists so that financial institutions can invest $100M and make a profit. It benefits from the illusion of the former though so the public is encouraged to believe that.
That your (thoughtful, IMO) response is being downvoted into oblivion by the same people who purport to want "free speech" is sort of perfect.
The article doesn't mention public.com but they've announced it on their twitter: https://twitter.com/public/status/1354826467184578571
> There was a brilliant programmer at Digitek who had completely novel and now unknown ideas for software development; he never published anything, but you could read and analyze his source code.

Does anyone know about whom Knuth was referring? Did this have anything to do with the work on the PL/I compiler?
Logidze: Postgres-specific, performant library for tracking ActiveRecord changes
Meaning that, unless you fix housing, UBI doesn't make a difference.
Yeah there's way too much alphabet soup exact matching going on out there job wise, and not enough "You know that framework or system is not unlike what this dev knows..." going on.
Id like to propose an alternative to the alternative posed in the article:

Years ago I was tasked with building dozens of basic web forms. Immediately recognizing the inherit silliness of this task (boring, error prone etc), I built a form creation tool, which all these years later lives on as RackForms.

Over the years the feature set grew organically to accommodate an ever growing set of demands. Yes we still build forms, but we also call into web services, display data, and so on.

Point being, RackForms and any number of other form builders are the blindingly obvious choice for this task -- it would be down right silly to code forms by hand in this era.

And yet that's what we do with the web as a whole.

Once again Microsoft seems to have had the right idea in the good old Web Forms days. Instead of coding app's you'd simply drag and drop components and add wiring code to do what you needed.

Sure it was never that easy, but it's really hard to see how it couldn't have been better given more time.

Fast forward to today and as much as I adore say, VS Code, it's really nothing more than a hyper-powerful text editor. It has none of that tolling to allow for drag and drop development, Id propose that;s the real solution to this issue - Better Tooling.
It took me a while to place the cognitive dissonance, but I found it eventually: you've made stuff up. Buildings weren't burning all summer, “violent murdering thugs” weren't called peaceful, “politically organized rally” doesn't mean anything…
Yes, Robinhood disclosed that Citadel's MM desk accounted for the largest portion of their payment for order flow income in their rule 606 disclosures. But still a bad take because Citadel stands to make much more money on further trading, and Citadel's hedge fund likely has the capital to outlast retail.

https://cdn.robinhood.com/assets/robinhood/legal/RHS%20SEC%2...
Regarding the entrepreneurship rates, are gig economy workers considered entrepreneurs?

Also, where did you find these numbers indicating such a big difference?
During a pandemic, the only roles that you can hire for are ones that are remote (by definition, more or less). So this is not really charting a "shift". The question is, post-pandemic, will new roles continue to be permanent remote or will they gravitate back towards office roles?

As someone who has posted many remote Who is Hiring posts, I know that they've had little bearing on our company's decision process to move new roles back in-person or stay remote.
My prediction is it will be students receiving education i with little to no technology. The paradox being modern technology is so streamlined UX wise you don’t inherently learn anything about modern tech by using them.
side question :) How do you make those links in the submission field clickable?
You pay a price for the super-small frame sizes; much worse compression ratios. Frame sizes smaller than 10ms disable the LPC and hybrid coding modes, which are quite advantageous. [0]

In my experiments with transmitting realtime audio signals using Opus, 10ms frame sizes are acceptable for 1-way synchronicity (e.g. if you want the user to perform an action and hear the result as simultaneous with the action) but it's definitely the upper bound. From what I remember my signal processing professor say, the threshold to try and hit is 7ms total latency for truly undetectable processing, but I can't find a reference for that, so take it with a grain of salt.

[0] https://www.opus-codec.org/docs/html_api/group__opusencoder....
Market makers don't want to assume this kind of risk. People need to stop pushing the baseless narrative that this is a conspiracy
"Having a soul" is likely a natural cognitive bias, which is very likely to predate any actual religion or belief system. It is "witnessed" personally during near-death experiences, just like karma is "witnessed" in other altered states of consciousness. These states are relatively rare, but frequent enough to fill a void of not knowing what happens after death in almost all tribes and societies. Then the emotional part kicks in: it's easier to survive a loss of somebody if one believes in that kind of after-death experience.

Of course, religions and this kind of grass-root spiritual beliefs are mutually reinforcing too, but the latter seems to predate (and direct) the former.
Which is invested in Melvin, Citadel (the hedge fund) or Citadel Securities (the market maker, and Robinhood's customer)?
I have to say whoever voted for Biden voted for this.

A Trump admin would have done the same but at least we could get some angry journalists yelling at them. See what we get now? A bunch of a* lickers.
Additionally, Toyota (and most other 'old' car manufacturers) have built a massive service organization which Tesla, well, hasn't.

Anecdotal - my neighbour has a 2019 Model X with some shenanigans going on with a sensor in the driver's side door. It has been going on more or less since the car was new, but parts are in short supply as it is (understandably, as long as the market lets them get away with it) more profitable to put the part in a new car than it is to perform a warranty repair.

On my 20-year old Land Cruiser, I recently had to replace the multi-function switch for adjusting the power mirrors. My local Toyota garage (on a small island off the Norwegian coast) didn't have it in stock, but next morning at 0851 a SMS ticked in, stating the part was ready for pickup - at a cost of less than $100 for the complete unit.

That kind of logistics organization is what Tesla will need in the long run. Building it is going to be very, very costly.
Some naïve investments are sold more convincingly than others. Many people would go on saving until some huge, once-in-a-lifetime opportunity (like this one is made out to be) came along. Otherwise, if "they" collectively jumped on every opportunity, they wouldn't even have any life savings to waste on this one.

Either way, the OP's point was that everyone is only playing with money they can afford to lose, and that point is false.
I am, but as of yet I find other theories unconvincing and difficult to disentangle from the propaganda besides.

For instance, people claim that cryptocurrencies have real utility, and cite their use of moving money out of countries where traditional international currency transfer is difficult. While that is true, since the function of those transactions is to use the currency as a medium of exchange of other currencies it cannot explain the volatility of the exchange rate, as the current exchange rate is irrelevant if your purpose is simply to convert to and from other currencies.

The volatility is due to speculation, but without real utility it is difficult to see what anyone could be speculating on. One could say "belief that the value of the currency will continue to increase", but that's essentially admitting to it being a pyramid scheme. If people ever stop believing and refuse to buy, which would be easy to do since it is nothing to spin up another coin, the price collapses.

Now admittedly I am not an economist, so I make no claim to the correctness of my assessment other than that it makes sense to me. However, the vast majority of people pushing cryptocurrencies aren't economists either.
You should take that to the Racket community, I do not feel it is appropriate to discuss that here where the people you talk about do probably not know what is said about them.
What about Mobile phones?
Robinhood to Re-Brand as Sheriff of Nottingham Capital, LLC
> Why would robinhood be any more liable than other online traders like Fidelity or etrade?

Every brokerage house ultimately vouches for their clients.

Robinhood has extra exposure because clients could claim its interface induced them to overtrade.

> Robinhood likely routes most of it's trades through citadel

Do we have a source for this?

Also, Citadel just made money bailing out Melvin Capital. The short squeeze let them buy assets at dimes on the dollar. Assets which do not include GameStop shorts.

> which has informed partners it will not be fulfilling GME or AMC or BB trades

Former market maker. When trading got crazy we'd take profits. When it got inexplicable, we'd pull the plug. If we didn't, risk would. In this case, there is the additional factor of political risk--you don't want to be making millions of dollars off GameStop at its peak when that's going to cost you tens of millions of legal fees in front of Congress.

A simple explanation for Robinhood's behavior might be that their customers, the market makers, backed away from paying for this order flow.

All this said, I'd be highly pissed if my broker did this to me. But Robinhood customers have known since the beginning they weren't the customer.
Why not just use Liveview since you're using Phoenix?

Could you share your thoughts on the difference between Liveview and Hotwire.
There are different layers here.

Baked into the exchanges (NYSE, Nasdaq) are circuit breakers which halt all trading on certain volatility conditions. The intent is to stabilize prices. This is not what happened here.

What happened here is a broker (Robinhood) decided to not accept certain kinds of orders. It wasn't a market shutdown, it was a specific manipulation to stop the purchase but _not_ the sale of an instrument, causing the price to drop.
These are two completely different issues and situations. The only thing they have in common is that theyre open source projects controlled by for-profit entities. The moment cooperation is no longer in their best interest they will stop.

In elastics case they were between a rock and a hard place. The world changed around that project and they got sherlocked. It happens. AWS has done it so many times its shocking they didnt anticipate it in the first place. Being venture backed sours the batch a lot faster.

The CentOS issue is unique. The maintainers gave control to the company that owned the licensed distribution of the software. Did they get a whole promise in return? Of course theyll cut support for it. Even in IBMs own portfolio its a conflict on a balance sheet alone. But its not the fault of enterprise open source. Open source works in this situation: there will be a fork just like centos was a fork of redhat.
US funds military drone development. US sells them around the world. US doesn't consider any international agreements against military drone use. US funds military AI. US argues that we need to let the military AI control the military drones in order to defend ourselves against military drones probably operated by military AI, that we were a main driver of developing and distributing in the first place.

the future is gonna be great.
That’s because the ideologists operate based on intuition rather then identifying the exact reason why one paradigm is better. OO is bad because it promotes writing logic with free variables and context. Logic that relies on free variables and context is inherently less modular. Lack of modularity is the root of all structural technical debt.

While FP doesn’t force someone to eliminate context or free variables it certainly does not promote writing logic that includes it by default. This generally leads to more modular code. Hence the reason why FP just "feels" better to practitioners and leads to people promoting it without clear reasoning. This in turn makes the promotion of FP seem "ideological."

Maximizing modularity in code requires greater restrictions then the ones FP provides, but FP in general is heading in the right direction.
Lets not choose between evils. These aren't really overlapping anyway. If big tech has access to the data, then authorities can demand it anyway.

In any case, this isn't just about using your data to make more money anymore. It's becoming increasingly about power, so it's barely even two seperate evils. Also, government(s) are a customer for the data that big tech is "stealing."
This is my takeaway with religious practice. If something is desired, but banned, people will find something that is practically similar enough, and technically allowed by the religion.
If I were to design an idiot-proof OOP model that takes this into account, I'd force sequential processing of mutating methods - if the running method starts a mutation and there is another method doing the same, we roll it back until the previous method finishes.

Performance would suck, but that's life. You can't have your cake and eat it too.
Like mentioned by toyg, AV engines are really overzealous when it comes to PyInstaller executables :(

Not much I can do about that, but I opened https://github.com/qutebrowser/qutebrowser/issues/6081 to send a couple of appeals whenever I'm bored enough to do so.
THIS IS SATIRE
It's a super simple non partisan issue that can get him some press that isn't about his sedition
It’s Citadel, they are holding the shorts, and they are the main customer of Robinhood.

I think Citadel is winning this war, but people are moving in masses to Fidelity now that they learned why Robinhood is ,,free’’
SEO: How to Deal with Stolen Content
Alas, the author has not yet actually driven either vehicle with the new steering yoke. His assessment is mere speculation, based on his past experiences with other, different, less technologically advanced vehicles. For the sake of fairness, we should give Tesla the benefit of the doubt until car reviewers have had a chance to test the new yoke in real-world conditions.
It’s basically modelled on a GT/WEC racing wheel with much fewer buttons for distraction.

Without knowing actual characteristics about the updated car handling and setup any comments on safety are idle speculation
I transferred from Robinhood to ETRADE a year ago. ETRADE has been good to me. still $0 commission trades, faster trade execution than Robinhood, pre-market and post-market trading, Pink Sheets for small but fun gambling.
and most importantly, they haven't pulled any of the shenanigans that Robinhood has pulled today or had any of the server crashes that Robinhood is notorious for.
Like mentioned by toyg in another reply, AV engines are really overzealous when it comes to PyInstaller executables :(

Not much I can do about that, but I opened https://github.com/qutebrowser/qutebrowser/issues/6081 to send a couple of appeals whenever I'm bored enough to do so.
> There was NO legitimate reason for the price on these stocks

Agreed, $TSLA next.
> it's just located in places people don't want to live

Often because there aren't any good jobs there. With UBI entrepreneurs can self-select and live in places with low rent and weak job markets.
Speaking of which, https://twitter.com/ljmoynihan/status/1354836830169006081
Having UBI could loosen job protection rules and labor laws too.
There's a reason it keeps getting flagged on Hacker News.

It's not insightful satire and doesn't add much to the discourse.
So, honest question... Why would one chose Vivaldi over Firefox (with Tree Style Tab)?
is robinhood a publicly traded company? are there any alternatives?
>A Trump admin would have done the same but at least we could get some angry journalists yelling at them. See what we get now? A bunch of a* lickers.

But Trump supporters have been telling everyone for years that journalists are all a*lickers for corporations and the left. Why would they suddenly have integrity today if Trump were in office now? Surely they would just toe the line of their corporate masters of find some way to blame Trump for everything, as we're told their extremist left-wing pro Democrat agenda required them to.
Yes! You are welcome to build your own UI with lib-jitsi-meet.
What happens if you wanted to sell de-listed stocks you have in your portfolio? Who's responsible for the potential loss incurred by not being able to sell?

Is this part of the class action?

(I can't open the document, there's only a PACER login screen for me)
I'm really trying to understand the motivation of this author. Is he betting against Tesla the company? Or just looking for clicks?

It's ridiculous to say that the car will be dangerous because a round wheel 'shields' more of your hand in a side impact. It's also silly to imply people won't be able to find the wheel when they need it. He clearly has never so much as sat in the car, muchless conducted a study evaluating the wheel's usefulness, making this just a hit piece.
And they call themselves "Robinhood"! Nauseating.
> The hedgefunds should definitely take note not to play a dangerous game because losing is always on the table.

Taken at face value, this advice boils down to never doing anything that involves a large risk. No civil rights movement, no D-Day invasions, etc.

There's certainly a reminder here about tail risk, and the ability of the market to stay irrational longer than you can stay solvent. However, the takeaway isn't "only take on big risks if failure is impossible." Taking calculated risks is an important life skill, and so is realizing that humans have pretty bad intuitions about risk.

In hindsight, we may find some funds that had 30 different short positions similar to this one. This one position blew up badly, but if the others come out moderately ahead, and they came out ahead net-net, then maybe this just validates their strategy.
The other first-order losers are RH retail investors who just made a huge unrealized gain and are not allowed to realize the profits by selling in time. I'm on TD and they arent allowing in-the-money call option sell-to-closes to execute.
> Would it though? From what I understand EU has way better social safety nets, yet much smaller entrepreneurship rates compared to USA.

Germany is pretty close to the United States, despite the United States being a wealthier nation by comparison.
While you're right that eventually the music will stop, this thread is about direct intervention. There isn't a way I see that the intervention protects retail at all. By its nature it ensured a full crash and retail didn't see it coming.
Antivirus software can have random positives, and for niche software they might not correct that.

But it is a good reason to only run stuff that has a pgp-signed checksum.
It seems unlikely to me that the disaster that's been schooling-from-home has somehow been a stunning success for work-from-home, and I think most employers see it.
Rules and the delete button. If it lands in my inbox proper it's either direct correspondence or something I'm not going to bother reading.
And Rashida Tlaib and Donald Trump Jr too.

I am so glad to see legislators and politicians from both sides, regardless of their motivations, getting together on the side of the people.

For the people, you know.
New Free Twitch Training – AWS Dev Hour: Building Modern Applications
There is an even smaller laptop: https://puri.sm/products/librem-5 (without a keyboard but it's a full GNU/Linux computer).
There is a fundamental problem, in that open source makes it easy to take and not give. It has many advantages, but that means that it is hard to give it high quality support and development (which generally requires paying people) if you cannot monetize something about the software -- be it support, or hosting, or selling some close-source product that depends on it.

If the licensing terms let someone else monetize your investment to the detriment of your own revenues, that's a problem. Even if you would be satisfied with break-even, you have to pay your own developers.

Amazon may be "within their rights", but the pattern is unsustainable as-is.
I don't think those reasons are true for the "lack of entrepreneurship". I'd love to know some numbers actually, I know EU doesn't have as many unicorns like Uber, Google, Amazon, etc. But that is a tiny amount of people who started those (and now employ a staggering number of people).

I think there are two reasons why that may be:
- Generally larger regulatory barriers. GDPR is an obvious recent one, but also market complexity with EU countries regulations/laws differing more than US states. I think (without knowing). That coupled with "first to market" advantage of US companies.
- Money isn't as big as a driver for Europeans. "Rags to riches" is a pretty American thing. "Get educated and live well" is closer to our lookout I think.
Sci-hub recently freed themselves from DNS based censorship - I imagine any successful uncensorable social media platform would need to follow the same steps.
> I feel like OO is okay if objects implement good well thought out interfaces.

I find that much of what I do is taking something from structure A and manipulating structure B. If you are a slave to OOP, you end up bolting that method to either one or the other object when really it affects both and belongs in a separate place entirely.

The other big issue I have with OOP is frequently I don't want or care for reference passing, I just want value passing. That is usually the place where I start using objects is when passing references is useful.

It's particularly useful if you are building a thing which requires multiple steps and you need that state to persist between steps. I've seen it done well with functional programming, but for me it's just easier to build something out with an object that holds persistent state.
Let me be clear: if I were sales at Robinhood, Citadel MM is a huge client.

But Citadel MM is more likely to pull the plug on making markets in a name for risk reasons than to benefit a hedge fund position. To say nothing of the fact that Citadel got to bail out Melvin Capital, which is traditionally a profitable trade.